Market News
J.P. Morgan Bosses Hit by Bank Regulator
Wall Street Journal - 20 Mar 2013 06:16
J.P. Morgan was downgraded in a confidential government scorecard over concerns about the company's management and its board, a blow to a firm that has long been considered one of the best-run on Wall Street.
Daily Dividends Report: MMC, FE, SLG, FNV, VMI
Forbes - 20 Mar 2013 21:23
Marsh & Mclennan (MMC) maintained its quarterly dividend of 23 cents per share. The dividend is payable on May 15, 2013 to shareholders of record on April 10, 2013.
Daily Dividends Report: IBKC, WDR, HTS, FULT, CRR
Forbes - 20 Mar 2013 21:22
Iberiabank Corporation (IBKC) maintained its quarterly dividend of 34 cents per share. The dividend is payable on April 26, 2013, to shareholders of record as of March 29, 2013.
Fed Still Coasting: No Plan To Change Policy Until Jobs Outlook Improves
Forbes - 20 Mar 2013 20:45Creditors Set to Reject Cyprus's Plan B
Wall Street Journal - 20 Mar 2013 19:46
International creditors were set to reject an alternative bailout plan Cyprus cobbled together a day after lawmakers rejected a tax on bank deposits, officials said.
Barclays's Top Brass Get Share Awards
Wall Street Journal - 20 Mar 2013 19:33
Nine top Barclays executives including Chief Executive Antony Jenkins and investment banking head Rich Ricci received $60.8 million in shares from previous incentive plans, a month after the bank said it would take a str...
Czechs May Drive Down Koruna
Wall Street Journal - 20 Mar 2013 19:25
As risks mount that the Czech economy could fall into a deflationary spiral, the chief of the country's central bank said he is weighing intervention in foreign-exchange markets as an option to weaken the local currency ...
Las Vegas Sands Winning Bet Comes From Doubling Down In Macau
Forbes - 20 Mar 2013 18:38Pimco Weighs Selling Spain, Italy Bonds
Wall Street Journal - 20 Mar 2013 18:11
The firm's head of European portfolio management said he thinks the Cyprus banking crisis is "containable" for now but would sell Spain and Italy bonds if it appears out of control.
Osborne Warns of Skidding Economy
Wall Street Journal - 20 Mar 2013 17:43
U.K. Treasury chief George Osborne said growth would be much slower than expected and his government would have to borrow almost $90.6 billion more than planned, which is likely to fuel criticism of his austerity drive.
Dow Sets Intraday Record
Wall Street Journal - 20 Mar 2013 17:23
U.S. stocks rose broadly, pushing the Dow Jones industrials to a record intraday high.
Provisions Weigh on Deutsche Bank
Wall Street Journal - 20 Mar 2013 17:14
Deutsche Bank cut its preliminary reckoning of 2012 profit by more than 60% because of higher litigation provisions, mainly for its U.S. mortgage business and some unrelated regulatory investigations.
Wednesday Sector Leaders: Music & Electronics Stores, Home Furnishings & Improvement Stocks
Forbes - 20 Mar 2013 16:49
In trading on Wednesday, music & electronics stores shares were relative leaders, up on the day by about 1.7%. Leading the group were shares of Conns (CONN), up about 2.8% and shares of Radioshack (RSH) up about 2.8% on ...
Should You Buy This Sector?
Forbes - 20 Mar 2013 16:24Anti-Gun Debate May Be Best Thing For Firearm Industry Since Obama's Election
Forbes - 20 Mar 2013 16:22Is A EURO Short Squeeze Imminent?
Forbes - 20 Mar 2013 15:06Freddie Sues Big Banks
Wall Street Journal - 20 Mar 2013 06:18
The government-controlled mortgage investor alleges the lenders caused "substantial losses" by suppressing an interest-rate benchmark.
SEC Digging Into Fund Fees
Wall Street Journal - 20 Mar 2013 06:01
As part of its new oversight of more than 1,500 investment firms, the agency is looking at expenses, including travel and entertainment, that are billed to investors.
Shrinking Supply Buoys Oil
Wall Street Journal - 20 Mar 2013 01:43
A glut of crude in the U.S. Midwest is starting to drain, keeping U.S. oil prices aloft even as global prices decline.
General Mills Offers More to Chew On
Wall Street Journal - 20 Mar 2013 01:42
Ahead of the Tape: General Mills has been a cereal outperformer over the years, but its recent earnings growth hasn't been fantastic.
Venezuela Acts to Ease Dollar Shortage
Wall Street Journal - 20 Mar 2013 01:42
Venezuela moved to get more dollars into importers' hands to curb growing shortages of basic goods and tame a runaway currency black market by creating a complementary foreign-exchange agency that will auction greenbacks...